In its recitals, the decree indicated that “the RTI requires the projection of indicators specific to the electricity and gas industry, as well as macroeconomic indicators, which in turn are linked to each other.”
In this sense, he highlighted “the significant and widespread increase in international prices of energy commodities, generated by the increase in international demand, determined by the growth of post-pandemic economic activity and associated with speeds incongruent with the real possibilities of the central countries in their energy transition policies and plans, which generated a very significant first jump in world energy costs towards the third quarter of 2021”.
“Added to this, it is public knowledge that the conflict unleashed between Russia and Ukraine determined a new and more significant rise in the international prices of the aforementioned products, especially Liquefied Natural Gas (LNG) and diesel oil, commodities to which Our country must access it annually in the winter to complement the national production of natural gas and supply the internal winter demand for both gas from networks and electricity generation from thermal power plants,” the DNU pointed out.
He also remarked that “Public electricity and gas services play an essential role in economic and social development, which is why their accessibility is essential for households”.
In this sense, it indicated that “the tariff policies applied from 2016 to 2019 implied a reduction in household income in real terms, with tariff increases well above the income of the population, in a context of serious economic crisis”.
Therefore, he concluded that “It is opportune and convenient to maintain tariff reasonableness in the current context of economic recovery and avoid disarticulation of the tariff scheme that has a negative impact on the disposable income of households and implies considerable increases in the production costs of the industry”.
Source: Ambito
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